8584 Trafalgar Rd
Rural Halton Hills, Halton Hills, L7G 4S5
FOR SALE
$10,500,000
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BEDROOMS1
BATHROOMS1
KITCHENS6 + 2
ROOMSW9368661
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Property Description
Excellent opportunity to purchase 14 acres of New Employment Land with 595 Feet of frontage on Trafalgar. Road just North of Hwy 401, 407, and the Toronto Premium Outlet Mall. The property is within the Urban Boundary (ROPA 49) which the province has designated a New Employment Area and is near many Major Developer-held lands. There is a 1,800 Sq. Ft. 3-bedroom residential home on the property that is currently tenanted. VTB mortgage is available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-26 | 2024-09-26 | 92 | $11,500,000 | - | Terminated |
Extras
Legal Description: PART LOT 3, CON 7 ESQ, AS IN 548383 EXCEPT PART 1 20R21720 TOWN OF HALTON HILLS.
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
596' x 1,060'
Acreage
10-24.99
Fronting
East
Taxes
$7,769 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Attached
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Halton Hills Market Statistics
Halton Hills Price Trend
8584 Trafalgar Rd is a 3-bedroom 1-bathroom home listed for sale at $10,500,000, which is $9,706,980 (1,224.1%) higher than the average sold price of $793,020 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Halton Hills declined by $130,949 (14.2%) compared to the previous 30 day period (October 22 - November 20) and down $1,577,279 (66.5%) from the same time one year ago.Inventory Change
There were 38 3-bedroom homes listed in Halton Hills over the last 30 days (November 21 - December 20), which is down 38.7% compared with the previous 30 day period (October 22 - November 20) and up 65.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Halton Hills typically sold ($22,018) (2.8%) below asking price over the last 30 days (November 21 - December 20), which represents a $6,809 increase compared to the previous 30 day period (October 22 - November 20) and ($135,043) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Halton Hills over the last 30 days (November 21 - December 20) stood at 139.5%, up from 53.2% over the previous 30 days (October 22 - November 20) and up from 73.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Halton Hills stood at 30 days when successfully sold over the last 30 days (November 21 - December 20), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Lee & Associates Commercial Real Estate Inc.
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